Advertisements
Advertisements
प्रश्न
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
थोडक्यात उत्तर
Advertisements
उत्तर
- Income inequality is very harmful to the society as a whole. The state can reduce income inequality through the system of progressive taxation, nationalisation of private industries and also by providing free education and medical facilities to the poor.
- By setting up public sector enterprises, the government can generate lots of new jobs for the unemployed.
shaalaa.com
Role of State in Economic Development
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
APPEARS IN
संबंधित प्रश्न
The essential feature of a tax.
Which of the statement is true for income tax?
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
Define a degressive tax.
Classify the following type of tax into direct and indirect taxes:
Entertainment tax
Explain the term proportional taxation.
Explain how indirect taxes can be inflationary.
Explain clearly tour ways by which the state can promote economic growth and development.
How does the state fulfil the following socio-economic objective?
Environmental protection.
Explain briefly two merits of indirect tax.
